3EDGE Asset Management LP Invests $3.35 Million in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

3EDGE Asset Management LP bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 54,032 shares of the company’s stock, valued at approximately $3,352,000. 3EDGE Asset Management LP owned approximately 0.50% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HELO. Lowe Wealth Advisors LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after acquiring an additional 675 shares during the period. Claro Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $205,000. Monterey Private Wealth Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $227,000. MCIA Inc purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at $230,000. Finally, Oak Harvest Investment Services acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $231,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $63.47 on Wednesday. The firm’s 50-day moving average is $62.75 and its two-hundred day moving average is $61.57. The company has a market capitalization of $687.38 million, a PE ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $54.24 and a 12-month high of $63.50.

About JPMorgan Hedged Equity Laddered Overlay ETF

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential.